Bearish flow noted in Bill.com Holdings with 13,060 puts trading, or 4x expected. Most active are Feb-23 120 puts and Jan-23 65 puts, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 6.68, while ATM IV is up over 1 point on the day. Earnings are expected on February 2nd.
Published first on TheFly
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